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The Company primarily engages in the retail sale of consumer electronics goods and services through its RadioShack store chain and non-RadioShack branded kiosk operations.
Retail stores are slowly getting killed by the internet. Yes there will always be a need for B&M stores but if you walk into a Radioshack you will really wonder how they have stayed in business for so long. 90% of the products they carry can be found at Best Buy.I have worked on the side as a DJ for the last 8 years and there were always times where I would be missing a cable or connector which would require an emergency trip to Radioshack for a specific connector. I have been to very many Radioshacks and I will have to say that 99% of the employees that work there don't know a thing about the products they are selling and I will generally have to track down the item myself because nobody knows where to find it.I've heard some people say that Radioshack can still make it as an authorized agent of cell companies. This I also have a problem with because in the 5 years that I have worked at T-Mobile, some of the biggest horror stories come from people that get their phones at a Radioshack. I've had so many customers that get lied to, cheated, taken advantage of, and when they go back to the Radioshack for help, they are told to just go our corporate locations for something they wrongfully told the customers.I personally wouldn't buy one share of Radioshack stock and I can definitely see them going out of business within the next few years the same way Circuit City went out.
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